The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

TIIE HERALD Wednesday 15 IMS Paget THREE AVAILABLE RRSP options at maturity When the lime finally comes for wellearned retirement or to mature your RRSP savings to provide in come for some other purpose there are three main options open You can decide the time has come when ever you like but it cant be later than he year in which you become The first simply to cash in your RRSP holdings is really no option at all in normal cir cumstances because the full proceeds are all immediately sub ject tax in one It would be a pretty painful experience indeed for most people who went that route Realistically the choice is be establishing a Registered Retirement Income Fund RRIF and buying a lifetime or term cer tain annuity Both have ad vantages and disadvantages your individual needs and cirrumstanccs will decide whats best for you Or conceivably you might decide to combine options How much income Its important to calculate what in come youll need in retirement Will you be earning from a or consulting Do you have a steady flow of funds from other investment sources How old are you Whats your marital status Whats your life And perhaps most important of all would you be happiest with a fixed monthly income you dont have to worry about Or will you continue to enjoy the challenges of managing your own investments Flexible payout vehicle The is a flexible payout mechanism designed lo help mini tax maximize cash flow and fight inflation Income from invest ments in a is not subject to immediate tax it can contain a range of investments so it can still work for you in retirement and by including a proporuon of invest ments with growth potential it can offset inflation an income after age RENTAL INCOME If you rented your property to tenants this past year our specially trained tax return preparers are ready to show you how they can save you money on your tax return At HSR Block we look for every deduction you re entitled to take all the necessary steps to do the job rately because we want you to pay only the lowest tax or get the biggest refund you re entitled to Don be confused by the many tax law changes The specialists at Block always have the answers you need IF THERES EVER A TIME F HR BLOCK ITS NOW North Moore Park Plaza GEORGETOWN 8776733 8 Mill St East ACTON Annuity fixes Income If you choose the annuity route you can sit back and depend on a fixed income although obviously the amount will depend on the of your RRSP investment and the type of annuity you buy Unlike a RRIF however the rate of return of an annuity is estab at the umc of purchase and is fixed from then on Lifetime or life survivor are usual rather more cosily than fixed term instruments because the lifelong versions dont guarantee the eventual cost to the firm selling them Huge range of products Theres an enormous range of RRIF and annuity products to be had out there the marketplace and its the easiest thing in the world to make an expensive mis take you could regret for the rest of your life For instance proceeds for even the simplest annuities vary greatly MONEY CONCEPTS Hills JEFFREY A IRVINE Math B Ed MA C F WEEKEND During February Money Concepts will be open on the weekends to help you with your RRSP investing Saturday 900 am500 pm Sunday 1 Noon500 pm Call 8731877 to arrange an appoint ment or stop in at our office this weekend MONEY CONCEPTS Hilton Hills 348 Gualph Street Georgetown 8731877 Rate subject to change 14 BONUS When you make your RRSP contribution to a year TERMRRSP at First City Trust youll earn an automatic BONUS above our posted rate See your First City Trust branch staff or authorized agent for details Offer valid through March 1 Take advantage of the exclusive First City RRSP Retirement Forecast a computer projection of your personal RRSP savings It s yours for the asking when you make your contribution for pi im mil YOUR AUTHORIZED AGENT IS SUTHERLAND INVESTMENTS CORPORATION torontoune STOCKMAN CRES GEORGETOWN among different insurance com panies and the combinations per- mutations and payouts available among different RRIF packages can be even more confusing and potentially dangerous So when ypur RRSP maturity time arrives its essential to shop around Do your homework thoroughly take all the time you need and get advice from knowledgeable people you know and trust Associate Tax Consultants INCOME TAX RETURNS DONE Thur Friday Saturday 900 a 530 p m 900am 700pm 900am 300pm 101 GUELPH ST GEORGETOWN 8772217 SPECIAL OFFER WHEN WE DO YOUR INCOME TAX RETURN WE GUARANTEE DELIVERY TO TAXATION DATA CANADA THE NEXT DAY BY COURIER AT NO EXTRA CHARGE RRSP results that speak for themselves INDUSTRIAL DIVIDEND FUND 14 164 154 16 3 EQUITY FUND 169 119 110 14 15 INDUSTRIAL FUTURE FUND 16 5 INDUSTRIAL GROWTH FUND 17 17 4 INDUSTRIAL HORIZON FUND 9 14 INDUSTRIAL INCOME FUND 116 13 121 INDUSTRIAL PENSION FUND 148 14 2 16 MACKENZIE EQUITY FUND 8 134 15 15 MACKENZIE MORTGAGE INCOME FUND 12 13 8 15 16 2 FOR MORE INFORMATION ON THESE AND ANY OTHER INVESTMENTS CONTACT REGAL CAPITAL PLANNERS Georgetown L7G4P3 LTD OVER OF HELPING CANADIANS REACH FINANCIAL INDEPENDENCE The Industrial Group of Funds Financial Corporation figures la January 1989 are overdue annual compound returns based on the net income invested and taking- Past performance is not necessarily indicative of future results Am offers contain J tBtm comielc details of alt charges Please read it before a purchase and Income retain it